"We are expecting the SMP project to be complete by 2016 but in case of any delay, we will make it operational by 2017 at any cost," said K Srinivasan, Administrator of SMP.
Expressing satisfaction over the work progress of the project, Srinivasan, a senior IAS officer told PTI today that currently the focus was on the construction of Icha dam in West Singhbhum district.
Elaborating further, Srinivasan said the construction of Icha dam would help to divert the flow of river Kharkhi to adjoining Odisha, which is one of the party to the tri-partite agreement for the project, besides West Bengal and Jharkhand.
Besides the construction of the dam, SMP had also envisaged developing two barrages-Kharkhai and Galudih, which were near completion stage, he said.
Asked about the number of villages to be affected by the Icha dam, Srinivasan said we have ensured that minimum displacement should be caused due to the project and planned accordingly.
Asked about the project outlay, SMP Administrator said 10 per cent of the total outlay was to be borne by the Jharkhand government while 90 per cent of it contributed by the Union Government.
As per the 2010 price index, Srinivasan said the cost of the project was estimated at Rs 6,600 crore with Rs 3,500 crore already been invested.
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